Legacy Reserves LP Announces Adjournment of Annual Meeting
May 13 2015 - 5:24PM
Legacy Reserves LP ("Legacy") (Nasdaq:LGCY) announced today that
its 2015 annual meeting of unitholders was convened this morning
and adjourned to June 12, 2015, at 10:30 a.m., local time, at
Legacy's headquarters, 303 W. Wall, Suite 1800, Midland, Texas
79701.
The board of directors of Legacy's general partner has exercised
the general partner's right to adjourn the annual meeting with
respect to all proposals submitted for vote at the meeting to allow
additional time for votes to be received on those proposals.
The current voting results reflect that the Partnership's
unitholders have been voting in accordance with the recommendations
of the board of directors of Legacy's general partner, with votes
for the election of directors ranging from 71% to over 98% of the
votes received with respect to such proposal, the vote in favor of
the amendment to Legacy's Long-Term Incentive Plan at a rate of
approximately 95% and the ratification of the appointment of
Legacy's independent public accounting firm at a rate of
approximately 97%.
Legacy is continuing to solicit proxies with respect to all
three proposals described in more detail in the Notice of Annual
Meeting of Unitholders and the definitive proxy statement for
Legacy (i.e., the election of eight directors, the approval of
amendment to Legacy's Long-Term Incentive Plan, and the
ratification of BDO USA LLP as the independent registered public
accounting firm of Legacy).
We would like to thank those who have already voted. If you
have not yet voted or wish to change your vote on
any proposal found in the proxy statement, we urge you to vote
through the internet, telephone or by mail using the instructions
provided on your proxy ballot. If your units are held through a
broker, we encourage you to contact your broker to ensure that your
vote has been submitted. If you no longer have your proxy ballot or
have questions about the voting process, please do not hesitate to
contact us at 432-689-5200.
The unitholders of record on March 16, 2015, the record date for
the annual meeting, will continue to be the unitholders entitled to
vote.
About Legacy Reserves LP
Legacy Reserves LP is a master limited partnership headquartered
in Midland, Texas, focused on the acquisition and development of
oil and natural gas properties primarily located in the Permian
Basin, Rocky Mountain and Mid-Continent regions of the United
States. Additional information is available at
www.LegacyLP.com.
CONTACT: Legacy Reserves LP
Dan Westcott
Executive Vice President and Chief Financial Officer
432-689-5200
Legacy Reserves Inc. (MM) (NASDAQ:LGCY)
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